Century Communities Inc (CCS)

Return on assets (ROA)

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Net income (ttm)	US$ in thousands	333,817	322,394	322,524	290,245	259,224	247,395	308,718	415,941	525,126	610,602	580,106	539,348	498,504	425,356	361,143	281,683	206,157	167,698	144,958	122,003
Total assets	US$ in thousands	4,532,470	4,780,960	4,331,440	4,111,580	4,139,360	3,949,390	3,856,650	3,712,980	3,773,770	3,880,060	3,772,740	3,495,500	3,496,880	3,210,870	2,894,250	2,951,680	2,845,090	2,591,360	2,551,780	2,910,440
ROA		7.37%	6.74%	7.45%	7.06%	6.26%	6.26%	8.00%	11.20%	13.92%	15.74%	15.38%	15.43%	14.26%	13.25%	12.48%	9.54%	7.25%	6.47%	5.68%	4.19%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $333,817K ÷ $4,532,470K
= 7.37%

The return on assets (ROA) of Century Communities Inc has shown a generally increasing trend from March 31, 2020, to December 31, 2022, reaching a peak of 15.74% on September 30, 2022. This indicates that the company has been effectively utilizing its assets to generate profits during this period.

However, there was a slight decrease in ROA in the subsequent quarters, with the ratio dropping to 6.26% on both March 31, 2023, and December 31, 2023, which suggests a potential decline in asset efficiency or profitability during that time.

The ROA then experienced a slight recovery in the following quarters, reaching 7.45% on June 30, 2024, and 7.37% on December 31, 2024. This indicates that the company's ability to generate earnings from its assets improved slightly in the last two quarters of the analyzed period.

Overall, Century Communities Inc's ROA performance has been relatively strong, with periodic fluctuations potentially indicating changes in asset utilization or profitability over the years. Monitoring these fluctuations can provide insights into the company's operational efficiency and financial health.